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Nov 12, 2012
11/12
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CNBC
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. >> what kind of hand does john boehner have? where sg it leave him and his ability to control the tea party wing? >> it actually puts skron boehner in a good position because during the debt ceiling talks last year, he had a lot of push back from the very far right of his party in the house. the tea party caucus, for example. this time around we won't see the same dynamic at all because the tea party caucus and far right have lost a lot of political capital in light of the election. so what we've already seen is speaker boehner talking to republicans in the house, putting his foot down early and saying we're not going to have that same push back we saw. instead, i'm going to tell you what we're going to do and what this deal is going to look like and you'll fall into line. >> he got criticism because he negotiated a deal and then went back and tried to sell to the party. does he naed to do he need to d way around, get a set position and then go into discussions? >> i think that is the thinking this time around. and he has certai
. >> what kind of hand does john boehner have? where sg it leave him and his ability to control the tea party wing? >> it actually puts skron boehner in a good position because during the debt ceiling talks last year, he had a lot of push back from the very far right of his party in the house. the tea party caucus, for example. this time around we won't see the same dynamic at all because the tea party caucus and far right have lost a lot of political capital in light of the...
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Nov 17, 2012
11/12
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MSNBC
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what is amazing to me is you open up the paper, you watch on television, there's boehner, mcconnell, all these people saying he has to have major entitlement cuts, cuts in social security, medicare and medicaid. right after the republicans got finished beating up on the democrats for allegedly taking $760 billion for medicare, that's terrible, now they're insisting we have to take more money for medicare, medicaid, social security. the democrats are stupid enough to go along with that. they will criticize the democrats the next election. >> that's a great point. heather, you were in washington and watched the sausage making happen. how much leverage do you think there is? >> that's a good question. i think unfortunately we may have to get through this period of time of complete detachment from reality. and then the conversation will shift as it will as people start to gear up for the midterms. people start looking out into the country again and saying, hey, we're still at about 8% unemployment out here. jobs are still the number one concern of voters. not on the donor class, but of v
what is amazing to me is you open up the paper, you watch on television, there's boehner, mcconnell, all these people saying he has to have major entitlement cuts, cuts in social security, medicare and medicaid. right after the republicans got finished beating up on the democrats for allegedly taking $760 billion for medicare, that's terrible, now they're insisting we have to take more money for medicare, medicaid, social security. the democrats are stupid enough to go along with that. they...
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Nov 16, 2012
11/12
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WJLA
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. >> tomorrow is speaker boehner's birthday. we are not going to embarrass him with a cake because we did know how many candles were needed. >> right. [laughter] >> we do want to wish him a happy birthday. thank you. >> after the meeting, leaders encouraged that they will agreement. democrats and republicans called productive. >> we are hearing from the of the little girl whose production prompted amber alert overnight. the jobless around this morning her parents fled their homes in southern virginia. -- the child was found this after her parents fled virginia. in southern >> early this morning, a ups spotted the vehicle used in the abduction. driver called 911 and .ollowed the car inside the car was the little girl's father. the girl was down a short time later in maryland. >> i am ok. >> there she is, safe and sound family in prince george's county. had no idea police say s -- the child had no idea police say her parents took members inher family staying where she was night. the parents left last after the court told them o th
. >> tomorrow is speaker boehner's birthday. we are not going to embarrass him with a cake because we did know how many candles were needed. >> right. [laughter] >> we do want to wish him a happy birthday. thank you. >> after the meeting, leaders encouraged that they will agreement. democrats and republicans called productive. >> we are hearing from the of the little girl whose production prompted amber alert overnight. the jobless around this morning her parents...
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Nov 13, 2012
11/12
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look at speaker boehner, he's showing that we need to show leadership. we have to work with the president. they have the message and they'll respond appropriately and you'll see. >> that's very optimistic. i think, i degree with armstrong, the next few weeks whether they got the message or not. we have this big issue coming up with all of these fiscal issues and boehner a year and a half ago, when this came up the last time, he was basically whipped by the tea party wing of his party. so, the real question is, whether he's able to go back to that tea party link and say what armstrong just said, work with the president, some degree on compromise on taxes and raising revenues. i think it's an open question whether he can do that and whether he can succeed in doing that. >> gentlemen, thanks so much. i appreciate your time today. >>> stick around. up next, i got actor and activist ally sheedy waiting in the wings. she'll be with me in a second. >>> welcome back. tens of thousands are still in the dark after hurricane sandy. power crews in new york and new j
look at speaker boehner, he's showing that we need to show leadership. we have to work with the president. they have the message and they'll respond appropriately and you'll see. >> that's very optimistic. i think, i degree with armstrong, the next few weeks whether they got the message or not. we have this big issue coming up with all of these fiscal issues and boehner a year and a half ago, when this came up the last time, he was basically whipped by the tea party wing of his party. so,...
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Nov 12, 2012
11/12
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FOXNEWS
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so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i think eventually they are going to get a deal, but i think it'll probably be a two-step process where they get some type of down payment on tax reform and then do something larger in the new year with the new congress being sworn in. so, but how do you do that, how do you have one-step process? i think you've got to have the parameters of what you're going to do next year now. boehner does not want a huge deal in the lame duck. he says that the new congress should be in session when you're going to do this, the newly-elected people. so it's goi
so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i...
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Nov 15, 2012
11/12
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MSNBC
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can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table with the president to make a grand deal in some form or fashion? >> ultimately, yes. i think those are the starting negotiating positions which are understandable. you have obama 250, you have republicans at least admitting there needs to be new revenue and want to go through the loopholes first and see where they can get revenue there. that's obviously not going to be enough. some point they're going to have to give on it. it may be ultimately that we have a situation where they -- the tax cut dozen expire. we go off the cliff for 24 hours but that offers the republicans an opportunity to come back and vote for a tax cut for those under 250 rather than increase through extension. that's an outcome that's possible. >> i'm curious about the notion the republicans can save face if we go over the fiscal cliff although lately people have been calling it the fiscal curb, it's unclear how much of a steep drop it is in the first 24 hours. can republicans, if the pr
can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table with the president to make a grand deal in some form or fashion? >> ultimately, yes. i think those are the starting negotiating positions which are understandable. you have obama 250, you have republicans at least admitting there needs to be new revenue and want to go through the loopholes first and see where they can get revenue there. that's obviously...
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rejected house republicans attempts to repeal obamacare it is now to quote speaker of the house john boehner the law of the land that means beginning in two thousand and fourteen corporations across america that employ more than fifty people will have a new civic responsibility under the law to provide health insurance for their workers this is the employer mandate at work health insurance is not a luxury in america obamacare isn't forcing employers to give their workers a new big screen t.v. or monthly spa treatments the law simply recognizes that forty five thousand americans die every year because they don't have health insurance and that large employers those who employ fifty or more people are best equipped to be the source of life saving medical care for millions of working americans it's an idea by the way first proposed by that socialist who wanted to take over america's health care system back in one thousand nine hundred eighty one richard nixon in fact providing health insurance to employees is actually a good business decision it not only attracts more qualified workers but also
rejected house republicans attempts to repeal obamacare it is now to quote speaker of the house john boehner the law of the land that means beginning in two thousand and fourteen corporations across america that employ more than fifty people will have a new civic responsibility under the law to provide health insurance for their workers this is the employer mandate at work health insurance is not a luxury in america obamacare isn't forcing employers to give their workers a new big screen t.v....
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Nov 12, 2012
11/12
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FBC
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continued uncertainty despite the president's comments and john boehner's comments. cheryl: we're looking at what we've been seeing over the last couple of months and you are saying kind of be prepared for that. a lot of the guests have come on and said you know, there's problems with earnings, but also you can't ignore that spike to the down side after the election. what did you make of all of that last week? what did you read into that? >> well, i mean, heading into the election, there was a lot of sentiment that the the market, the financial markets would have preferred a republican winner. cheryl: sure. fiscally more responsible if their view. -- in their view. >> correct. there's a few there's a lot of financial regulation presently and more to come. a lot of that at least from professional investors is probably where they were on wednesday. cheryl: they were waiting to see. >> i think that's going to settle off. i don't think you will see 300 point swings. you might see back again -- i'm quoting that period of july and august 2011, you could see 100, 150 on any
continued uncertainty despite the president's comments and john boehner's comments. cheryl: we're looking at what we've been seeing over the last couple of months and you are saying kind of be prepared for that. a lot of the guests have come on and said you know, there's problems with earnings, but also you can't ignore that spike to the down side after the election. what did you make of all of that last week? what did you read into that? >> well, i mean, heading into the election, there...
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Nov 16, 2012
11/12
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i just think about the prospect of john boehner and nancy pelosi working together. i think about you sitting down with vice president biden and president obama and john boehner and talking about what's possible. what do you expect about the republican world view and goals to change because of this election? >> well, the president was very clear in the campaign. on where he stood. there was no ambiguity about where he was on many of the issues. and so his election, i think, strengthens our hand at the table. but the public still has to continue to be engaged. public sentiment is everything. and in the past, for example, the republicans in the house were the odd people out on the -- on some of the tax bill. one of the tax -- you know, deduction. and then also on the transportation bill. and so when the president went public on those, then they finally came around. but they're not going to come around just by persuasion sitting across the table, i do not believe. >> they are not going to come around just by persuasion in washington. nancy pelosi essentially calling for
i just think about the prospect of john boehner and nancy pelosi working together. i think about you sitting down with vice president biden and president obama and john boehner and talking about what's possible. what do you expect about the republican world view and goals to change because of this election? >> well, the president was very clear in the campaign. on where he stood. there was no ambiguity about where he was on many of the issues. and so his election, i think, strengthens our...
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Nov 14, 2012
11/12
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CNBC
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the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a commitment to discuss entitlement reform. >> what you did hear from the president is a statement that the american people knew what they were get what they re-elected me. he also said there is a big contrast between me and mitt romney on the campaign trail and i'm the guy who won the election. >> as one of our smart viewers tweeted in which i thought was so smart -- it's all fun and games until you have to name specific entitlements you want to cut. right? we need more specifics from both sides. all right, going to a break here but after the break, steve leisman, stick around. we also have something today called
the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a...
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expiration would cause tax hikes for america's small businesses just a couple days ago house speaker john boehner said quote raising taxes on small businesses were killed jobs in america it's as simple as that and quote well it really isn't that simple in fact economic evidence paints a very different picture under the clinton presidency the top marginal tax rate was thirty nine point six percent or what it would be if the bush tax cuts expire at the end of the year despite that rate small businesses were still able to grow twice as fast during the clinton presidency than they did while bush was in the white house even if you take off the last disastrous year of the bush administration from adequate. if republicans really want to protect the interests of small businesses and strengthen our economy and shouldn't they let the bush tax cuts expire joining me now is neil aspirate an entrepreneur and host of truth for america no welcome hey tom they're having me back thanks for joining us pardon my coffee. why do you why do you want to see small businesses fail why not why not bring them the success t
expiration would cause tax hikes for america's small businesses just a couple days ago house speaker john boehner said quote raising taxes on small businesses were killed jobs in america it's as simple as that and quote well it really isn't that simple in fact economic evidence paints a very different picture under the clinton presidency the top marginal tax rate was thirty nine point six percent or what it would be if the bush tax cuts expire at the end of the year despite that rate small...
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Nov 19, 2012
11/12
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CSPAN
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we heard a good turn from speaker boehner. we have not seen a particular plan with respect to the other issues -- the approach we believe we should take to health care and medicare is to contain cost in the overall health care system. the per-capita increase in cost in the private health care system is running higher than in the medicare system transferring costs onto individuals and not a stress the fundamental problem. move away from a fee for service system in medicare. that is the better way to go. >> the run ideas past few that have been floating around the hill raising that trigger in terms of higher taxes for those earning a million dollars a year or $500,000 per year. how will that play? how will that play in the democratic caucus? >> people will consider various options. make sure we boost job growth and make sure we put us on a path to long-term sustainable deficit reduction. the issue is what is the revenue to cut? look at the simpson-bowles plan. look at the overall framework. look at the revenue component of how t
we heard a good turn from speaker boehner. we have not seen a particular plan with respect to the other issues -- the approach we believe we should take to health care and medicare is to contain cost in the overall health care system. the per-capita increase in cost in the private health care system is running higher than in the medicare system transferring costs onto individuals and not a stress the fundamental problem. move away from a fee for service system in medicare. that is the better...
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Nov 19, 2012
11/12
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MSNBCW
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you see what nancy pelosi said, what john boehner has been saying. then you go back to the president's press conference taking a pretty tough decisive tone on susan rice and then you look at what's happening and also his position on the tax increases. take all of that together, it looks like more of the same. do you sense and from your reporting are we just having people circle each other or are their feet in stone? >> i think there's still some areas where people can get to the right place. the two things i keep thinking about is the business community, i think, what steve says is exactly right. it seems like from the outside, what they want more than anything is certainty. it's not just moment to moment. it's minute to minute. it's crisis to crisis. and that is an atmosphere that's not conclusive towards optimal economic activity. this notion of trying to get to long-term stability but not having short-term austerity measures would be too depressed on consumer activity seems like where we need to end up and a lot of pressure from republicans to the
you see what nancy pelosi said, what john boehner has been saying. then you go back to the president's press conference taking a pretty tough decisive tone on susan rice and then you look at what's happening and also his position on the tax increases. take all of that together, it looks like more of the same. do you sense and from your reporting are we just having people circle each other or are their feet in stone? >> i think there's still some areas where people can get to the right...
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Nov 14, 2012
11/12
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KRCB
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speaker boehner is talking about closing loopholes. other republicans are saying maybe like they're prepared to look at revenue. what are... are there concrete examples there that have the makings of some kind of deal down the road? >> very little is ccrete at this point. but the movement from saying we don't want government to grow at all. the answer to this fiscal crisis is not to grow government to the position that you're hearing from leadership now which is, yes, we can have revenue. that's part of a broader deal that we're going to make. that's a substantial shift. that's not the same thing as the fight over tax rates, income tax rates. the president has said i will sign no deal that doesn't bring the income tax rates for the top earners back up to 96.5%. that's a slightly... there's a new nuance there that gives politicians wigg room over at the definition of revenue is, but there has been movement on that. there's been even more movement. you heard a prominent republican on the sunday shows, bill kristol a prominent conservativ
speaker boehner is talking about closing loopholes. other republicans are saying maybe like they're prepared to look at revenue. what are... are there concrete examples there that have the makings of some kind of deal down the road? >> very little is ccrete at this point. but the movement from saying we don't want government to grow at all. the answer to this fiscal crisis is not to grow government to the position that you're hearing from leadership now which is, yes, we can have revenue....
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Nov 13, 2012
11/12
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CNBC
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spier boehner came so and sang the first version and president obama sang the second verse. they'll find a middle ground because there's a mandate for it and everybody knows what the issues are. so i actually am very optimistic that we'll have some pain in the short run, maybe three to six months, we'll start moving towards an end game and that's where investors should be positioned for. remember what wayne gretzky said. he was successful because he traded to where the puck was going, now where it is now. >> and a compromise involves higher taxes somewhere, so what does that do for your clients and investments? >> what i love that richard lefrak said is that wealth has been convicted and we're just waiting for the sentencing. that really puts it in context. because the wealthy, whatever that means and whatever they decide wealthy people are, with already knowing that they'll pay more. one of the things that's interesting is once that happens, and i believe that's the beginning rounds, all eyes will be turning to, okay, great, that's done, the villain is out of the room. >> i
spier boehner came so and sang the first version and president obama sang the second verse. they'll find a middle ground because there's a mandate for it and everybody knows what the issues are. so i actually am very optimistic that we'll have some pain in the short run, maybe three to six months, we'll start moving towards an end game and that's where investors should be positioned for. remember what wayne gretzky said. he was successful because he traded to where the puck was going, now where...
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Nov 20, 2012
11/12
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FBC
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even if you listen to boehner and harry reid, pelosi and the president, they are leaning towards getting something done. >> absolutely. i think something must be done. next quarter, we will be faced with the same old fable once again. it is one crisis after another. this was a self created crisis by republicans and autocrats. be careful what you wish for. the day of reckoning is here. connell: let's just take, as the premise of it, let's just say they have too given for whatever whatever reason and say the taxes on the top 2%, the families making $250,000 above, that those are going up. what can they demand in return that they can get from the democrats? >> we need drastic spending reductions. we have to tackle the root cause of our problems which is entitlements. once and for all, we have to tackle entitlements. we can increase taxes without increasing the rates. we can talk about capital gains, the death tax. connell: by the way, why is that better for the normal person? they may be better off if the tax rate for the top people went up. i understand both may happen. >> because of a sur
even if you listen to boehner and harry reid, pelosi and the president, they are leaning towards getting something done. >> absolutely. i think something must be done. next quarter, we will be faced with the same old fable once again. it is one crisis after another. this was a self created crisis by republicans and autocrats. be careful what you wish for. the day of reckoning is here. connell: let's just take, as the premise of it, let's just say they have too given for whatever whatever...
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Nov 12, 2012
11/12
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KNTV
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i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration. >> let me turn to senator schumer on this point. >> so you have to approach both sides of it. >> let me turn to senator schumer. i'm going to ask you the same question. if the mandate is compromised, what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. and i think if the house stands for anything it's cut government spending, as tom coburn said, and i think we're going to have to do more of it. we hear
i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration....
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Nov 12, 2012
11/12
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KPIX
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but speaker john boehner told house republicans that after last week's election the mandate from the american people is to work together even if it means additional revenues through tax reform. meanwhile bill kristol, editor of "the weekly standard," seemed to cave in on the president's demand that wealthy people pay more. >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. really? t >> reporter: the president begins making his case this week. what's different this time is that administration officials are already suggesting to congress that mr. obama is willing to let the deadline pass, let tax rates go up, and spending be cut if he can't get the deal he wants. norah, charlie? >> wow. bill plante in washington, thank you. >>> later this morning we'll ask conservative activist grover norquist if republicans are backing away from his no tax increase pledge. >>> two weeks ago today superstorm sandy battered the northeast. more than 100,000 homes and businesses still have no power. most of them are on new york's lon
but speaker john boehner told house republicans that after last week's election the mandate from the american people is to work together even if it means additional revenues through tax reform. meanwhile bill kristol, editor of "the weekly standard," seemed to cave in on the president's demand that wealthy people pay more. >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. really? t >> reporter: the...
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Nov 15, 2012
11/12
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FBC
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>> well, speaker boehner will be meeting with the president on friday. and we'll hear some of the basic outlines what is being put on the table at that point in time. we on the ways and means committee will be very actively engaged in working with our chairman, dave camp, to provide good information to the chairman and to speaker boehner about what we want to do with tax reform. bottom line is this. we have to stop this massive tax hike that will hit american families and businesses at the end of the year. melissa: yeah. >> then pivot to fundamental tax reform. and they're going to be things on the table but increasing tax rates is not one of them. i will not vote to encrease tax rates. melissa: you know, congressman, this segment was supposed to be about the carbon tax, like everything else we can't talk about anything beyond this fiscal cliff. i mean it is getting in the way of everything iluding this segment. we had somebody on from the teachers union or teachers education, national education association i should say at beginning of the show who was c
>> well, speaker boehner will be meeting with the president on friday. and we'll hear some of the basic outlines what is being put on the table at that point in time. we on the ways and means committee will be very actively engaged in working with our chairman, dave camp, to provide good information to the chairman and to speaker boehner about what we want to do with tax reform. bottom line is this. we have to stop this massive tax hike that will hit american families and businesses at...
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Nov 14, 2012
11/12
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MSNBCW
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for boehner, he wants a deal. i do want to comment a second on the interview you had with paul ryan. ryan might not think that there is a mandate, but the president does, congressional democrats do, and the public does, if you look at polling. and there's zero chance that the president is going to compromise on this, which is why i think there's a decent chance all the tax cuts go away at the end of the year. the president put down a marker yesterday saying $1.6 trillion in total revenue that he wants to raise. i don't think that's the real number. i think that's a negotiated number. but you know the floor is $800 billion because that's what he had last year when he had a much weaker hand. so the number falls in between 800 and $1.6 trillion. you can't get to that number by just closing loopholes. there's no way congress is going to get rid of the charitable tax deduction. there's no way that we're going to change the dynamics in the housing market when the housing market is starting to recover by getting rid of t
for boehner, he wants a deal. i do want to comment a second on the interview you had with paul ryan. ryan might not think that there is a mandate, but the president does, congressional democrats do, and the public does, if you look at polling. and there's zero chance that the president is going to compromise on this, which is why i think there's a decent chance all the tax cuts go away at the end of the year. the president put down a marker yesterday saying $1.6 trillion in total revenue that...
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Nov 19, 2012
11/12
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FBC
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i don't think john boehner is sitting there, nancy pelosi is on the other end going no tax increases for the rich. i don't. lori: is creating another sequester. >> just wish it out a little bit? melissa: bigger, batter. -- badder. >> if they kick it down the road, to the tax rates stay in place? lori: that wasn't addressed. we need to exhale, lest the new congress come in and just -- >> the new congress is a lot like the old congress. lori: give policymakers a break because we're still so he did. >> the last downgrade did not matter much. this downgrade could, who knows, but i am saying we can n could o longer have a split rating the u.s. would be below aaa, and that hits the initial contract operate differently. world market might become a little bit more unglued. i will say this, based on that list what we heard late last week summerlike compromisers can make it do feel that bowles and simpson are in the middle of that. they're about compromise, it cutting a deal in getting through this. so we will see. melissa: charlie gasparino, thank you so much. >> can only give you what i'm ge
i don't think john boehner is sitting there, nancy pelosi is on the other end going no tax increases for the rich. i don't. lori: is creating another sequester. >> just wish it out a little bit? melissa: bigger, batter. -- badder. >> if they kick it down the road, to the tax rates stay in place? lori: that wasn't addressed. we need to exhale, lest the new congress come in and just -- >> the new congress is a lot like the old congress. lori: give policymakers a break because...
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Nov 16, 2012
11/12
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you ask yourself, what's it worth when boehner, pelosi, mcconnell, and reed all start talking nice to each other? it's worth 120 points on the dow. we're not far from the highs of the day. some hope we can get a modest rally. the vix has really collapsed going into the close. we're near the lows for the week on the vix. some of those closed end funds like pimco, high yield, phk also doing a little better today. finally, i'm going to mention home builders also a doing better on the day. back to you. >> okay. thank you very much, bob. well, thanksgiving is less than a week away, and the trend is growing for stores like walmart to be open for business that day. shoppers seem to love it, but workers, for obvious reasons, do not. >> yeah, some walmart workers are now pledging to walk out if they are forced to work on that holiday. walmart has already said they plan to open at 8:00 p.m. on thanksgiving. joining us now, a husband and wife, greg and charr lean fletcher, both employees of walmart. both scheduled to work different shifts on thanksgiving day. we welcome you. greg, you have said
you ask yourself, what's it worth when boehner, pelosi, mcconnell, and reed all start talking nice to each other? it's worth 120 points on the dow. we're not far from the highs of the day. some hope we can get a modest rally. the vix has really collapsed going into the close. we're near the lows for the week on the vix. some of those closed end funds like pimco, high yield, phk also doing a little better today. finally, i'm going to mention home builders also a doing better on the day. back to...
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Nov 13, 2012
11/12
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i think that speaker boehner, on the conversation that he had recently, shows that he is ready to move into a different direction. i think that he was ready to make a deal before. but his confidence was such i believe held to grover norquist that they couldn't move on the revenue. >> has that changed? has that changed? >> i think so. the fact that the president was reelected, the fact we have gaped seats in the house, the fact that we are two years from another election, i think that has changed. the fact that a lot of the tea partiers have lost or in very lee election and/or two years of experience. have to understand there is a real compromise in working together in trying to get something done. and i have confidence as a result that we will get something done. >> let's talk a little bit about the tragedy that befelled much of your district in keeps, the rockaways and many of those folks out there. are customers of line park the long island power authority what is your message to lipa today? are you satisfied with their response? >> no, their response was much too slow. you are suppo
i think that speaker boehner, on the conversation that he had recently, shows that he is ready to move into a different direction. i think that he was ready to make a deal before. but his confidence was such i believe held to grover norquist that they couldn't move on the revenue. >> has that changed? has that changed? >> i think so. the fact that the president was reelected, the fact we have gaped seats in the house, the fact that we are two years from another election, i think...
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Nov 16, 2012
11/12
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john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the rest of 2013 when the economy goes in the garbage dump. republicans are right. bill: two more quick questions on this. >> sure. bill: when these congressional leaders speak, what sort of code words should we be listening for today? >> well i don't know what they would say to each other but on the outside, using the word rates left revenues and that type of stuff are code words especially coming from the president. if he talks about raising revenues and does not insist on it being rates there is a good compromise possible. if he forc
john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the...
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Nov 15, 2012
11/12
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boehner are accurate, the dems are moving away from that. the president and the democrats seem to be moving away from that. why do you think that is, and is this important? >> let's assume for a second the president is right and we need $1.5 trillion of revenue. now, i think there's a better way to get there and a different way to get there. the president, you know, i think is open to some of these ideas. but if we're going to have $1.5 trillion worth of revenue, we need about $3.5 trillion worth of real spending cuts. that would come from defense. it would come from entitlement programs. it would come from the other mandatory programs. that's what makes the most sense to take it from because those are the areas that are really growing at an accelerated rate, faster than the rate of growth of health care. i think that's doable. i think we can find the votes to do that because i think the american people are way ahead of the politicians. they realize we got a real problem in this country and we got to fix it. >> what do you think, senator? i
boehner are accurate, the dems are moving away from that. the president and the democrats seem to be moving away from that. why do you think that is, and is this important? >> let's assume for a second the president is right and we need $1.5 trillion of revenue. now, i think there's a better way to get there and a different way to get there. the president, you know, i think is open to some of these ideas. but if we're going to have $1.5 trillion worth of revenue, we need about $3.5...
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Nov 12, 2012
11/12
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FBC
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john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases the top tax rate from 15 to 20%. meeting friday at the white house. back to you. lori: we know you will be there, rich. thank you. melissa: the president calling on congressional leaders to work together. congress has a voter mandate not to raise taxes. joining us now is steve moore from the "wall street journal." thank you for hopping on the phone to talk to us. i am really interested in the interview that you did. he said over the weekend "let me put it very clearly, i am not willing to turn off taxes for the sequester." >> one of the things that came through in my
john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases...
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Nov 15, 2012
11/12
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house speaker john boehner says he believes they can reach a deal. >> i don't think anyone, on either side of the aisle under estimates the difficulty that faces us. but i do think the spirit of cooperation that you've seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, i remain optimistic. i was born with a glass half-full. >> what i have told leaders privately as well as publicly, is that we can not afford to extend the bush tax cuts for the wealthy. what we can do is make sure that middle class taxes don't go up. 98% of americans are not going to see their taxes go up. 97% of small businesses are not going to see their taxes go up. if we get that in place, we are actually removing half of the fiscal cliff. martha: doug schoen, former pollster to president bill clinton. monica crowley, radio talk show host. both are fox news contributors and what i'm hearing through both of those quotes we're pretty much where we were the last time that the president and john boehner got together. t
house speaker john boehner says he believes they can reach a deal. >> i don't think anyone, on either side of the aisle under estimates the difficulty that faces us. but i do think the spirit of cooperation that you've seen over the last week from myself and my team, from democrats across the aisle, from the president, have created an atmosphere where i think that, i'm, i remain optimistic. i was born with a glass half-full. >> what i have told leaders privately as well as publicly,...
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Nov 19, 2012
11/12
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i think john boehner has been the biggest in this, putting revenue on the table. i do agree with doug and i think that we will get some last-minute deal where we will kick the can down the road. if we go to the fiscal cliff, my party will shoulder the blame. trust me, my party is losing the message game and that is why we are having a bargain right now. >> there is a larger point. bottom line, if we go into some kind of economic downturn or a recession, all sides and all parties. >> i do agree with you. when the finger-pointing goes down, my party is the one to blame. right now we are trying to put humpty dumpty back together. gerri: to that point, and to both of you, what does the republican party need to do? to change the way it is viewed, we need to do? >> we can't continue to be the party of old white men. we have to work and take control of immigration reform and we have to change our message. we have to stop the fire and brimstone. if you don't vote for us, you are a lazy mood or read it. we feel your pain, we are here with you, stick with us and in the futu
i think john boehner has been the biggest in this, putting revenue on the table. i do agree with doug and i think that we will get some last-minute deal where we will kick the can down the road. if we go to the fiscal cliff, my party will shoulder the blame. trust me, my party is losing the message game and that is why we are having a bargain right now. >> there is a larger point. bottom line, if we go into some kind of economic downturn or a recession, all sides and all parties. >>...